Gold futures jumped the most in six weeks in New York as signs of escalating tension between Ukraine and Russia fueled demand for precious metals as a haven.
NATO said there’s a risk of Russia sending troops into Ukraine under the “pretext” of a humanitarian or peacekeeping mission after President Vladimir Putin massed soldiers on his country’s western border. The MSCI All-Country World Index of equities fell as much as 0.7 percent after Italy unexpectedly slipped back into recession.
